504 Clay Avenue, Huntington Beach, CA 92648
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
504 Clay Avenue,Huntington Beach, CA 92648
$3,725,000
- 13 Beds
- 13 Baths
- 6,400 sq. ft.
- Multi-family
- Active
Listed by: kamfar kyle mirrafati
Office: matthews real estate investment services866-889-0550
MLS#:26870409
Source:CRMLS
Price summary
- Price:$3,725,000
- Price per sq. ft.:$582.03
About this home
We are pleased to offer the opportunity to acquire 504 Clay Avenue, an 8-unit apartment building located in the highly desirable Garfield neighborhood of Huntington Beach. Built in 1984, with an eighth, fully permitted ADU completed in 2023, the property offers approximately 6,400 rentable square feet on a rare 10,001 square foot island parcel with no adjacent residential buildings, providing exceptional privacy in the heart of Huntington Beach. The property features an attractive unit mix consisting of three (3) one-bedroom / one-bathroom units, one (1) two-bedroom / one-and-one-half-bathroom unit, and four (4) two-bedroom / two-bathroom units, including the newly constructed ADU. Parking consists of seven (7) single-car garages, one (1) tandem parking space, and additional surface parking. The property has undergone several recent capital improvements, including fresh exterior paint, new perimeter fencing, and a brand-new central water heater serving the original seven units. Three of the eight units have been extensively renovated with quartz countertops, luxury vinyl plank flooring, and modern interior finishes; while the remaining units feature upgraded granite countertops and laminate flooring. The ADU includes solar panels, a private backyard, in-unit washer and dryer, separately metered electricity, and an individual water heater. The property is individually metered for electricity, with a RUBS program in place to help maximize net operating income, helping maintain low operating expenses for ownership. 504 Clay Avenue presents a rare opportunity to acquire a well-maintained, pride-of-ownership asset offering strong in-place cash flow with approximately 19% rental upside through continued rental growth. With low operating expenses, recent capital improvements, and limited deferred maintenance, the property provides an investor with the opportunity to increase net operating income while benefiting from the long-term appreciation and stability of the Huntington Beach multifamily market....
Contact an agent
Home facts
- Year built:1984
- Listing ID #:26870409
- Added:3 day(s) ago
- Updated:August 14, 2026 at 11:20 AM
Rooms and interior
- Bedrooms:13
- Total bathrooms:13
- Kitchen Description:Refrigerator
- Living area:6,400 sq. ft.
Heating and cooling
- Heating:Forced Air, Wall Furnance
Structure and exterior
- Year built:1984
- Building area:6,400 sq. ft.
- Lot area:0.23 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,725,000
- Price per sq. ft.:$582.03
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:9
- Parking description:On Street, Private
- Garage:Yes
- Garage spaces:7
New listings near 504 Clay Avenue
- New
$2,298,000Active5 beds 5 baths3,763 sq. ft.8454 Hibiscus, Huntington Beach, CA 92646
MLS# NP26175803Listed by: RIVIERA PROPERTIES - New
$3,149,000Active4 beds 4 baths3,502 sq. ft.227 18th Street, Huntington Beach, CA 92648
MLS# OC26176290Listed by: CENTURY 21 AFFILIATED - New
$180,000Active3 beds 1 baths600 sq. ft.21752 Pacific Coast Hwy #9, Huntington Beach, CA 92646
MLS# OC26177964Listed by: RE/MAX TERRASOL - Open Sat, 10am to 2pmNew
$859,000Active3 beds 2 baths1,360 sq. ft.18741 Applewood, Huntington Beach, CA 92646
MLS# OC26177792Listed by: BERKSHIRE HATHAWAY HOME SERVICES - Open Sat, 1 to 4pmNew
$725,000Active3 beds 3 baths1,125 sq. ft.19775 Coventry, Huntington Beach, CA 92646
MLS# OC26177502Listed by: HOUSE 2 HOME REALTORS - New
$1,849,000Active4 beds 3 baths2,234 sq. ft.5872 Meadowbrook Drive, Huntington Beach, CA 92649
MLS# OC26168992Listed by: COMPASS - New
$1,374,000Active3 beds 3 baths1,728 sq. ft.19532 Sandcastle, Huntington Beach, CA 92648
MLS# OC26173549Listed by: PK REAL ESTATE & INVESTMENTS - Open Sat, 11am to 4pmNew
$1,089,990Active3 beds 3 baths1,389 sq. ft.7268 Pointbreak Drive, Huntington Beach, CA 92647
MLS# OC26177668Listed by: THE NEW HOME COMPANY - New
$2,495,000Active-- beds -- baths4,423 sq. ft.17172 Harbor Bluffs, Huntington Beach, CA 92649
MLS# OC26177273Listed by: PAT SWANSON - Open Sat, 1 to 3pmNew
$1,275,000Active4 beds 2 baths1,630 sq. ft.15842 Belfast, Huntington Beach, CA 92647
MLS# OC26176715Listed by: RE/MAX SELECT ONE